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Quartet Health

Quartet Health

Integrates mental health care with healthcare

About

Quartet Health focuses on integrating mental health care with overall healthcare for individuals. The company connects patients with the right mental health services, including therapy, psychiatry, and digital programs, based on their clinical needs and insurance coverage. Their platform is HIPAA-compliant, allowing for secure collaboration among patients, therapists, doctors, and insurance providers. This ensures that patients receive tailored care and allows Quartet Health to track their progress over time. Unlike many competitors, Quartet Health emphasizes accessibility, affordability, and effectiveness in mental health care, making it easier for individuals to receive the support they need.

Company Stage

Series D

Employees

51-200

Industries

Healthcare

Total Funding

$214.5M

Headquarters

N/A

Founded

2014


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Simplify's Take

What believers are saying

  • The $60 million investment led by Independence Health Group provides Quartet with substantial financial backing for growth and innovation.
  • The appointment of Christina Mainelli as CEO brings experienced leadership, potentially driving strategic growth and operational efficiency.
  • Quartet's Whole Health program aims to provide comprehensive care, potentially improving patient outcomes and satisfaction.

What critics are saying

  • The mental health market is highly competitive, requiring Quartet to continuously innovate to maintain its edge.
  • Integration challenges following the acquisition of InnovaTel Telepsychiatry could disrupt operations and delay progress.

What makes Quartet Health unique

  • Quartet Health uniquely integrates mental health care with overall healthcare, addressing behavioral, physical, and social determinants of health.
  • Their HIPAA-compliant platform ensures secure collaboration between patients, mental health providers, and referring providers, which is a significant advantage in the mental health sector.
  • Quartet's recent acquisition of InnovaTel Telepsychiatry enhances its market-leading care delivery capabilities, setting it apart from competitors.

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Growth & Insights
Headcount

6 month growth

0%

1 year growth

-1%

2 year growth

-28%

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